Bitcoin Forum

 Well been seeing a lot of gloom/doom on the halving...so figured I'd throw up a POLL and see what folk really think.
 
 I don' know enough to take a firm postion, but like all of us holding BTC I hope it goes up up up :)

Enjoy the poll and comment here on your why's or why nots in your choice :)

Haha.
Much needed poll.

I don't think that the price will go up.
But it's very difficult to predict. ;D

Up 100%. It's ridiculous to suggest anything other than a price increase.

Probably up because but im not sure about it but most of the forum members i see
btc supply swll be half thus demand will increase and price will increase. i dont know
much about btc price system but im guessing it would go up.

I think price has started to rise now and we will see higher price at the time of halving and this is the belief of the majority of users of bitcoin community.

I believe it gonna pump for sure as demand is increasing with decrease in supply. Price may not get pumped in early days after halving but later after few weeks miners will not be profited selling mined coins in the current price. So it will go up for sure.

Go up for a few days, drop down for a day, rise back up to pre halfing levels and linger on from there

The price is going to shoot right into outer orbit and we will be so rich there will be no need to work any more ;D In reality I am expecting a modest increase to at least 50% and ideally doubling-up until the winter. By the way what do you mean by going sideways? Is this when the price doesn't change?

Price will go up.
That being said, it could only be a few dollars.
It depends on demand. Will people keep using bitcoin? Probably.

I think it will go up, there is no chance it cal fall down after halving.

If price stays the same, there will be no incentive for miners to keep mining.
Let's see what happens.
It's tricky, though.

Price will go up at halving, and I don't see any valid reason that it will fall, as we are seeing slow rise in the price of bitcoin at a moment.

Price of bitcoin will surely go up! Halving means only few bitcoin will be mined, as a result there will be less bitcoin supply. I guess that as of 2017 more people will know bitcoin, and the demand will increase which means, low bitcoin supply - high demand - soaring high price.

People tend to buy things on
impulse because of advertisements.Halving will give bitcoin free advertisement in the form of news.This will bring more people to bitcoin.Another reason for prices to go up during halving is that people will stop selling their coin for few days in a hope of possible increase in price.This will create huge demand and supply gap in market leading to price increase

Majority of people same as i believing that bitcoins price will going up thats why many believers are buying bitcoins and save it to their wallet, and as you can see for the past chart oF halving event it states that bitcoin price are going up by this event and thats why many people believes that it will happen again, just what like happen before but who knows what will happen for this years halving we cant really predict it.

No one can predict the exact price at the time of halving, its only halving that can show us the exact scenario but most of us believes that price will go higher.

When halving will come the price will go up and when halving will be finished than bitcoin price will suddenly come down, you can see day to day bitcoin price is increasing sometime fast and sometime slow, but sure price is increasing, so that mean some reason behind it, and it is Halving, and halving is coming after 2 months and bitcoin price will grow up more, may be bitcoin price will be reached at $800 to $1100. and than halving will be finished, bitcoin will come down, but i m not sure what the low price of bitcoin it depend on time.      

I voted: "It will go up!" and I'm sure it will, but I'm not saying it will go up big time. IMO for couple of months just after the halving the price will be fluctuating around $520 and maybe it will go even below $500 once but not for long.

I of course also hope the price will go up, but I think the price will go slightly down or it will remain fairly stable around the current price point.

There is soooo much hype as we are heading towards the block halving that I think a lot people will get upset about the price not moving in their desired direction, and that will result in what I have written above.

The most are of course hoping that the value will be more worth and that is because they also think that the value will be more because it was already stable for a long time.
So there must be a time soon that it will rise so we can earn also some profit so that is perfect.

Yeah. Sideways in price range for longish timeframe. BTC imho seems to like sideways😁

I have voted for the option that the price will go down. The reason is very simple; What's left after the block halving that people can hold on to for the rest of this year? Nothing that can get the price to increase with at least $100.

i think It will go up but i can't predict the correct prices and although the prices will go up but might be still $600 below

The supply will not decrease with the halving. Surely, you can't believe that the supply is less now than before the previous halving four years ago, or that there will be no bitcoins for sale when the subsidy goes to 0 in 2140.

The money supply increases with every block, whether the block reward is 25 btc or 12.5 btc. More money available means more bitcoins for sale.

My prediction is that the upcoming Bitcoin halving will look just like the Litecoin halving last year: a speculative bubble that pops just before the halving, followed by a long period of very slowly rising prices.

Again I think it is gonna do what LTC did when it halved last year. There will be a pump up and a bit after halving then it will level off to sideways in price

The fact that miners will dump 1/2 the coins into the market they did before and have the same expenses...SHOULD HAVE shot up price...but alas I still

think more mining and dumping and such then adoption...so again I think it will even out in the above. After the halving BTC price will not dump imho. But

it will not pump ether.  Heck from a long term point of view might even be better. How you gonna be the press and BTC hater and FUD the coin, if suddenly

it produces 1/2 of what it did before from mining without a drop in price.

Probably better then a bubble to 1000 for a few months and and a dump to 320 later..then climb its way back in 9 months to 1 year to current price.

Anyway I know zip at one time I drank the Butterfly Labs Kool Aid (people are screaming ...Ack!.....my eyes burn...he actually mentioned "that ...which shall not be named!) :)

So heck I'm as clueless as anyone else on wth is gonna happen say 1-2 months after halving ...when it all settles out. It would be
.
be nice to be dead wrong and BTC  pumps to $1000 and goes sideways from there thou :) I'd like my above 'sideways' view a lot better then :)

it will go up, because bitcoin is growing strong in the last year

so the real reason is more latent adoption, is occuring without no one even noticing it

The price will go up, down and sideways after the halving. But mostly, in general it will go up more than anything else.

The chance is higher that the value is going to go up and that is because the value of the Bitcoin was already stable so that is nice for the Bitcoin but it have to.
And there are still many people that is waiting a long time and not everyone has such a long patience for it.

There was already a BTC pump up, $220->$450, as in LTC last year. In BTC it happened earlier as everyone expected it to be pumped up based on what LTC did and so it happened earlier to outsmart the market's expectations. Seeing how no extra block capacity is coming to Bitcoin for at least another year it's mind-boggling how anyone can predict a pump up with full blocks upon us and new users disallowed to join unless old users send fewer transactions.

I voted for sideways. Maybe slightly upwards.

The chance is higher that Bitcoin can reach a higher value and that is because it was already stable for a long time so there must be a time soon to rise and that would be nice.
But it is still hard to predict what is going to happen so we have just wait and see for what will happen.

it think it would be possible that the price stays in the same range as it is now from $450 to $500 and become stable for a month even after the halving and after this period which will be accompanied by shakeouts of weak hands then the big rise comes.

I am the forever optimist and I think the price will go to the moon very soon. The Halving is a significant event in 2016 and it will get a lot of media attention. Even if you are not a Bitcoin fanatic like us, you would hear about this event in some mainstream media. If some event caused the supply of gold to be halved, you will hear about that in the mainstream media and speculators and traders will stock up on that commodity.

We saw the same thing happening, when suppliers bought more hard drives after the floods happened in the cities where the manufacturing plants were located. They made some good profits during those few months, until the situation went back to normal.

the price will not go down, that is for sure.

but I think it can take some more time before the price of bitcoin really rises. it might continue down the current path though. the path of slowly rising and by the time of block halving the price can be around $500 but the rise that everybody is waiting for may come much later after the actual halving.

It will go up but it will takes a long time until it will reach a higher value and we have to accept that, it is going to rise slowly so that is perfect for the users of Bitcoin.
It was a long time stable and that was a tough time because we cant earn on that moment money but the time will be soon that we can earn profit with it.

We've been here before, although of course the price movements this time around would be different. IMO more likely the price would keep rising bit by bit till the month of the halving, then would jump like crazy before crashing down again after. A few months later we'll be down to where the price was 4 months ago. The cycle would then go again for the next 4 years.  ;D

The price will rise leading up to the halving.  The smart money will get in early, then there will be a pump.
The dumb money will follow just before the halving, expecting a big rise after the event.

Just before the halving, the smart money will get out. the dumb money will wait for the rise and end up losing out.

Just my prediction

And how have you been trading lately in accordance to you prediction?

Of course everyone with Bitcoin is hoping for a nice halving but the bad thing is that we cant control it and that is the problem they should know that Bitcoin must keep stable.
And it was already stable for a long time so that is really bad so the time must now come to rise.

It will go up slightly and maybe even attempt to touch $500 but not more than that.

Especially if the price right now drops a bit further then it will make it even harder for the price to go $500.

Sideways IMHO...is looking more likely with the btc haters....seeing ethereum as an alternative to btc and now latching on to the coinbase annoucement that they are going to trade ethereum...(hey ...they...could be right.. could be enough 'we hate btc folk that bought all the years of press FUD the btc is 'evil' and thinking btc as an alternative buy is out so fomo so go with ethereum movement' to kick the ethereum price up to 20 bucks maybe...no clue.....etherum the trump of crypto..I'm completely befuddled....anyway imho) (note to self: people are 'silly')

Anyway ..so sideways is looking more likely after the halving imho ..sucks to think such ..but that is where I am at.....


Again hope to be dead,dead,dead wrong..... :)

Up 100%. This is mainly what I'm hoping for though :D

Hmmm....wonder what this is gonna add to the mix...

Ethereum on Coinbase and Litecoin (Arise Chickun Arise!)

https://twitter.com/SatoshiLite/status/733531564852699136 (https://twitter.com/SatoshiLite/status/733531564852699136)

Not sure if this helps or hurts my (I agree hope I'm wrong) Sideways price slant on all this.